Here Are Your Articles for Thursday, March 07, 2019
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Saved Articles

  • Should You Honor All W-4 Requests?

    Employees' W-4 forms show what they want withheld from their paychecks. It's their responsibility to complete the forms, but do you have to accept each form no matter what? Click through for some insights into your responsibilities.

    Saved on 02-15-2021 - Remove
  • Umbrella Insurance: An Estate Planning Necessity

    Umbrella insurance is extra liability coverage if you're at risk of being sued for damages. Click through to learn how to protect yourself -- and your estate -- against libel, vandalism, slander and invasion of privacy.

    Saved on 02-15-2021 - Remove
  • Handling Taxes for Employees Who Are Not Regular

    Taxes may be pretty straightforward for your year-round 9-5 employees. But what about those who are part-time? Or seasonal? There are special rules. Click through to learn how to handle taxes for this group.

    Saved on 02-15-2021 - Remove
  • Productivity Tools for Small Businesses

    Have you wondered about implementing programs that may make you and your employees more productive, but didn't know how to get started? Click through for an introduction to productivity tools that can help businesses of all sizes.

    Saved on 11-30-2020 - Remove
  • How Does Crowdfunding Work?

    As an alternative source of finance, crowdfunding has huge potential to help startup businesses. Click through to learn how to grow faster and even test-market an idea or product without spending much money.

    Saved on 02-15-2021 - Remove
  • Good Statements Get Good Loans

    Your ability to obtain a business loan will depend a lot on how prepared you are during your application process. Click through to learn how to improve your chances of getting the loan you need to grow.

    Saved on 03-12-2020 - Remove
  • What Information Is Included on a Pay Stub?

    Even if you're not required to give your employees a pay stub, it's widely recommended that you do so to help with record-keeping and keep employees in the picture. Click through to see which items should go on this document.

    Saved on 02-15-2021 - Remove
  • Tax Reform Expands ABLE Accounts, Saver's Credit

    The tax reform provisions introduced at the end of 2017 contained some provisions for the disabled, which allow them to put away more money in their ABLE accounts. Click through for the details on the more flexible arrangements.

    Saved on 02-15-2021 - Remove
  • Keep Your Smartphone Apps Secure

    We use our smartphones for so many things today that we take them for granted -- along with the security issues. How do you protect your personal information when you're on your phone? Click through to feel more trust in the apps you're using.

    Saved on 03-15-2020 - Remove
  • Key Tax Issues for Small Businesses

    If you're running a small business, it's always tax season! In short, you don't want to scramble before each due date, and you certainly don't want any last-minute surprises. Click through for a primer on your small-business tax responsibilities.

    Saved on 09-14-2020 - Remove
  • Basis: The Essential Tax and Investing Term

    Basis seems like a simple concept, but as with so many tax issues, it can become complicated quickly. This is especially true after recent tax reform. Click through for the story of what has, and has not, changed.

    Saved on 02-15-2021 - Remove
  • Employer Mistakes Commonly Made on a Defined Contribution Plan

    Many employers offer retirement plan benefits to their employees such as a defined contribution plan (401k plan) as an additional incentive to work for their company. It is important that the employers know their fiduciary duties and know the implications that can occur if a plan is not properly administered.

    Saved on 02-15-2021 - Remove
  • How to Handle Bad Debt and Taxes

    It's a problem almost every business has to face at some point: how to handle bad debt. Fortunately, the IRS may be able to give you a break. Click through for some help in taking care of this.

    Saved on 02-15-2021 - Remove
  • What Is the Marriage Penalty?

    The marriage penalty refers to fact that two people may pay more in taxes as a married couple than they would have as two single filers. Does this penalty really exist? Click through for details on how the Tax Cuts and Jobs Act affects couples and taxes.

    Saved on 02-15-2021 - Remove
  • Taking Over the Finances of an Elderly Person

    Physical health isn't the only thing at risk of deteriorating as we age: Mental health may decline as well, and along with it, the ability to manage money. Click through for tips on how to manage finances to protect your elderly loved one from missteps.

    Saved on 02-15-2021 - Remove
  • Local Entertainment And Events Calendar: Including Virtual Events

    You'll always know where the fun's going on with our interactive local events calendar featuring social sharing, images, videos and ticket links. Click through to see what's happening or to add your own local events.

    Saved on 03-13-2020 - Remove
  • Know the New Expensing Rules

    Tax reform laws changed various expensing rules, as the IRS explained in guidance updated at the end of 2018. Click through to make sure your business is in sync with the regs, so you're not leaving any money on the table.

    Saved on 03-16-2020 - Remove
  • Check Your Withholding Now

    With so many recent changes, two-income families and people who work multiple jobs should check their withholding amount. Click through to see if you're withholding the right amount of tax from your paycheck.

    Saved on 08-13-2020 - Remove
  • What to Take Out of Employees' Paychecks

    Employers are ultimately responsible for withholding taxes from their employees' wages. Therefore, it's important to understand which payroll taxes your employees should pay. Click through to discover the many different types of employee payroll taxes.

    Saved on 08-13-2020 - Remove
  • Are Annuities Right for You?

    Annuities are well-known financial products designed to fund a retirement. How do they work? And are they right for you? Click through to get the basics to help you decide if they fit into your financial plan.

    Saved on 08-13-2020 - Remove
  • Passwords: Making Them Hard to Crack

    Consider all the passwords you use, in your personal and business lives. Passwords secure all the resources on your computer and phone -- your email and important online accounts. Click through to learn how to choose strong passwords.

    Saved on 08-13-2020 - Remove
  • Dalby, Wendland & Co., P.C., Announces Promotions

    Dalby, Wendland & Co., P.C., is pleased to announce the following staff promotions. We congratulate these exemplary professionals as they represent our core values of trust, respect, and responsibility in client, employee, and community relationships.

    Saved on 08-13-2020 - Remove
  • Should You Establish Payable-on-Death Accounts?

    It's a little-known but very effective technique for leaving your money, and it doesn't require a lot of paperwork. Click through for the inside story on payable-on-death accounts, why they might be right for you, and what the drawbacks are.

    Saved on 03-13-2020 - Remove
  • Don't Try This at Home: Frivolous Tax Arguments

    We'll be thinking about taxes again before you know it! Laws change, but one thing that doesn't vary is the IRS's view of bizarre excuses. Click through to learn about frivolous arguments the IRS has no patience for.

    Saved on 03-13-2020 - Remove
  • S Corporations -- Know the Advantages

    S corporations elect to pass corporate income, losses, deductions and credits through to shareholders for federal tax purposes. Click through to see how S corporations avoid double taxation, and learn whether they're the right format for your company.

    Saved on 03-13-2020 - Remove
  • Identity Theft and Cybersecurity: Stay Safe

    Identity theft and cybersecurity is a challenge we all face — as individuals, businesses, organizations and government agencies. Click through to learn tips on safety and how the IRS is battling the tax-identity theft problem to keep you safe.

    Saved on 03-13-2020 - Remove
  • Audits, Reviews and Compilations: A Summary

    Timely, accurate and understandable financial statements are necessary to gauge how well your business has performed and to assess the strength of its financial position. Click through for an intro to levels of overview for these statements.

    Saved on 03-13-2020 - Remove
  • Federal Laws That Prohibit Job Discrimination

    Job discrimination has long been an issue, and the federal government has passed substantial legislation to address it. Are you fully in compliance? Click through for an annotated list of the major rules.

    Saved on 03-13-2020 - Remove
  • How to Manage the Home Office Deduction

    Many people work at home in the age of the telecommuter. Do you fall into that category? Have the rules changed? What are the limitations? Click through for an introduction to this valuable but complicated tax break.

    Saved on 03-13-2020 - Remove
  • Dalby, Wendland & Co., P.C., Named a Top 300 Public Accounting Firm

    Dalby, Wendland & Co., P.C., is honored to be recognized by INSIDE Public Accounting (IPA) as a Top 300 Firm. IPA 300 firms are ranked by U.S. net revenues and are compiled by analyzing more than 550 responses to IPA’s Survey and Analysis of Firms. This is Dalby, Wendland & Co., P.C.’s fourth year recognized by IPA.

    Saved on 03-13-2020 - Remove
  • Capital Gains and Losses: How Do They Work?

    Realized capital gains and losses occur when an asset is sold, which triggers a taxable event. Those are the basics, but the details can get confusing. Click through for an introduction into what these gains and losses can mean for you.

    Saved on 03-13-2020 - Remove
  • What Is the EITC -- and Does It Affect You?

    The earned income tax credit subsidizes low-income working families. It can be complicated, and many don't know how it works or whether recent tax reform changed it. Click through for the latest word on the EITC.

    Saved on 03-13-2020 - Remove
  • Do You Need Business Interruption Insurance?

    Many businesses don't even know about it, but it can be essential to your long-term plans. Are you covered if your business can't continue for a substantial period of time? Click through for the reasons to consider business interruption insurance.

    Saved on 03-13-2020 - Remove
  • Socially Responsible Investing: The Wave of the Future?

    When it comes to investing, should you care about anything beyond the returns generated? Many investors believe that their money should not only grow, but do good in the world. Click through for an introduction to SRI.

    Saved on 03-13-2020 - Remove
  • Supreme Court Ruling on Online Sales Tax Sows More Confusion

    The Supreme Court has ruled that a company does not need to have a physical presence in a state to be subject to its sales tax. Click through to find out what this really means, and who is affected.

    Saved on 03-13-2020 - Remove
  • What Is the Path to Profitability?

    Are you concerned about your profitability? Sometimes you have to look in new directions to improve your business. Click through for some insights into the analysis you should be doing to take your business to the next level.

    Saved on 03-13-2020 - Remove
  • Is Your Homeowners Insurance Up-to-Date?

    You bought homeowners insurance when you bought your home, but then you probably forgot about it except for the bills, and that's a mistake. Click through to learn why you should continually review your insurance.

    Saved on 03-13-2020 - Remove
  • Why Do You Need a Business Valuation?

    What is a valuation, and why do you need one? Having an up-to-date business valuation on hand will guard against numerous eventualities. Click through to learn why a valuation is essential to business success.

    Saved on 03-13-2020 - Remove
  • DWC Makes Top 250 Private Colorado Companies List

    ColoradoBiz recently announced their Top 250 Private Companies in Colorado with Dalby, Wendland & Co., P.C., making the list for the sixth year.

    Saved on 03-13-2020 - Remove
  • How to Handle Student Loans

    If you're like the great majority of students (or their parents), you might not have read all the fine print regarding how your student loans are structured or how repayment works. Click through to understand the inner workings of student loans.

    Saved on 03-13-2020 - Remove
  • Alternative Minimum Tax -- What's It Like Today?

    The controversial alternative minimum tax has been around for years, even though politicians argue about it. Has it changed recently? Click through to see how the AMT may apply to you as we approach the next tax season.

    Saved on 03-13-2020 - Remove
  • 8 Ways to Take Charge of Your Personal Finances

    Are you thrown into a panic with thoughts of student loans or other debt? Are you worried about your long-term finances? Click through to see how to take charge of your money and plan for a secure financial future.

    Saved on 03-13-2020 - Remove
  • Is a Franchise the Right Move for You?

    At one time or another, almost everyone daydreams about owning their own business. With a franchise, you can be your own boss, with the backing of an established company. Click through for an intro to this business model.

    Saved on 03-13-2020 - Remove
  • Real Estate in Your IRA: A Good Idea?

    Many people want to invest in real estate. Why not do so within your IRA? It's possible, but there are a lot of restrictions. Click through to see how to do it, and decide if it's really worth all the risks.

    Saved on 03-13-2020 - Remove
  • DWC in Rifle Relocates to New Office Space

    Dalby, Wendland & CO., P.C., in Rifle has relocated to new offices at 820 Megan Ave., Unit C. The new office is just up the street from the prior space. Firm Principal Duane Antes, CPA, will continue to oversee the office.

    Antes notes, “The Firm opened the Rifle office in 2005. We are pleased to provide the same great service from our new location in the growing business center of South Rifle.”

    For questions or for directions, call the Rifle office at 970-625-1392.

    Saved on 03-13-2020 - Remove
  • Your House in a Trust: The Pros and Cons

    Trusts can solve a lot of estate planning problems, and you can even put your residence into one. There are a lot of advantages to doing this, but you need to know the details. Click through to get the scoop on a powerful estate planning technique.

    Saved on 03-13-2020 - Remove
  • Taking Care of Your Heirs

    You've worked hard and saved your money, but that wasn't an end in itself. It was to take care of your loved ones, perhaps even generations not yet born. Click through for some insights into leaving assets for your descendants.

    Saved on 03-13-2020 - Remove
  • When Is a Child Truly a Dependent?

    When is your child a child, at least in the eyes of the IRS? To claim your child as your dependent, your child must meet either of two tests. Click through to learn what the tests are and whether you meet them.

    Saved on 03-16-2020 - Remove
  • The Latest Rules on Charitable Donations

    With a much larger standard deduction in play, and lower marginal tax rates, the charitable giving world has changed. Has anything else changed? Click through for the latest IRS guidance on charitable giving.

    Saved on 03-16-2020 - Remove
  • Do You Have to File an Information Return?

    If you made or received a payment in a calendar year as a small business or self-employed individual, you most likely are required to file an information return to the IRS. Click through to learn what this means.

    Saved on 03-14-2020 - Remove
  • Use Apprentices at Your Business

    An apprentice system is not a 19th-century relic. It is working today in a win-win situation for businesses and employees. Click through for more on this training concept that can help your business prosper.

    Saved on 10-30-2020 - Remove
  • How You Can Use a Deferred Annuity

    It's a time-tested tool for retirement planning, but it's not for everyone. The key is knowing how a deferred annuity works, and whether it's right for you. Click through for an overview, and the inside scoop on how to choose.

    Saved on 10-31-2020 - Remove
  • New/Revised PPP Loan Forgiveness Applications and More

    The SBA revised the original PPP Loan Forgiveness Application and created a new EZ Forgiveness App for eligible borrowers. Additionally, some information about PPP loan recipients will be disclosed to the public by the SBA. Here's more.

    Saved on 10-08-2020 - Remove
  • QDIAs for Retirement Plans: Does Your Company Need Them?

    Having a qualified default investment alternative relieves you and plan fiduciaries of certain liabilities. Click through to enhance 401(k) plans by providing investments with potential for long-term growth regardless of how engaged employees are.

    Saved on 03-15-2020 - Remove
  • New IRS Guidance on State and Local Taxes

    The IRS is taking a look at the deductibility of state and local tax payments for federal income tax purposes in the wake of tax reform. Click through for a snapshot on what's happening with this complicated issue.

    Saved on 10-30-2020 - Remove
  • Know the Basics of Medicare

    Medicare is a federal insurance program that provides health coverage for older Americans, and its provisions can get quite complicated. Click through for an introduction so you understand what you or your loved ones are entitled to.

    Saved on 10-30-2020 - Remove
  • The IRS Looks Into Executive Compliance

    The IRS is taking a special look at the tax situation surrounding executive compensation. This may sound simple, but there are a lot of complexities you need to know about. Click through for an introduction to the key issues.

    Saved on 03-21-2020 - Remove
  • HR Update with Employment Law Attorney Michael Santo

    The Colorado Department of Labor and Employment has issued quite a few new and revised rules for employers. Watch Employment Law Attorney Michael Santo's update for more information.

    Saved on 02-16-2021 - Remove
  • The Dirty Dozen Tax Scams

    Tax season may be over, but tax scams are with us year-round. The IRS has issued a "Dirty Dozen" list of tax scams that may keep returning. Click through to learn how to recognize these and protect yourself.

    Saved on 07-08-2020 - Remove
  • A Tax Essential: the Percentage-Withholding Method

    The IRS has developed multiple methods that employers may use to withhold federal income tax from employees' wages. One of those methods is done on a percentage basis. Click through for insights into the percentage-withholding formula.

    Saved on 10-31-2020 - Remove
  • What's the Story on Tariffs?

    Tariffs have been in the news recently. What exactly are they? Tariffs are import taxes the government imposes, like a sales tax, on goods. Click through to see how and why governments impose tariffs.

    Saved on 10-31-2020 - Remove
  • Living Wills -- and How to Use Them

    A living will is a legal document -- also called an advance health care directive -- that can make life immeasurably simpler for your loved ones. Click through for details on expressing how you'd like to be cared for if something happens to you.

    Saved on 03-22-2020 - Remove
  • Develop a Succession Plan

    Having a succession plan is a sign of business stability and longevity to existing and potential clients, as well as to employees. Click through to safeguard your company with succession and continuity plans.

    Saved on 07-09-2020 - Remove
  • Long-Term Care Insurance: Something You Need?

    Long-term care can range from assistance with simple activities to skilled care provided by nurses and therapists. Is it right for you? Click through for more details and to discover the variety of coverage options.

    Saved on 03-21-2020 - Remove
  • How to Work With OSHA After an Accident

    During the normal course of business, an employee may get sick or hurt -- at which point, you may need to complete OSHA Form 300. Click through for frequently asked questions about this form.

    Saved on 03-21-2020 - Remove
  • Medical and Dental Expenses: What Can You Deduct?

    Yes, the tax code gives you some deductions for medical and dental expenses, but the rules can get complicated. Click through for an intro to this key deduction, to help figure out where the IRS draws the line.

    Saved on 03-21-2020 - Remove
  • What Are the Rules on Hazard Pay?

    Since the arrival of COVID-19, whether employees should receive hazard pay has been much discussed. Are there rules or best practices? Click through to learn about hazard pay and whether you should provide it.

    Saved on 02-16-2021 - Remove
  • Short-Term Investing Options

    In these confusing times, you may want to keep some money set aside and not make an immediate long-term commitment. Fortunately, you have a range of choices. Click through for unique ways to earn money in the short term.

    Saved on 02-16-2021 - Remove
  • QuickBooks How To Videos

    QuickBooks provides many helpful and short "how to" videos for their accounting software users.  Here are some tutorials you may find helpful.

    Saved on 02-16-2021 - Remove
  • Dalby, Wendland & Co., P.C., Named a Top 300 Public Accounting Firm

    We are truly honored to be recognized by INSIDE Public Accounting as a Top 300 Public Accounting Firm in the nation! To our clients, employees, and communities - YOU are to thank for this honor. We are grateful for your support.

    Saved on 10-31-2020 - Remove
  • How to Seek and Secure Investors for Your Business

    Searching for investors will require a substantial amount of your own effort, time, money and energy. Click through to wisely and mindfully work on pursuing investors to have a higher likelihood of reaching your goals.

    Saved on 10-31-2020 - Remove
  • Rethinking the Way We Communicate

    We may find that COVID-19 has accelerated the trend toward new ways to communicate and new styles of communication. Click through for insights into getting the most out of the many choices we are using now — and will continue to use going forward. 

    Saved on 12-01-2020 - Remove
  • Property Taxes: How Are They Calculated?

    Understanding how property taxes are calculated is critical to making sure the appropriate rate is charged. Click through to determine whether you're paying the lowest taxes possible and maximizing your returns.

    Saved on 03-20-2020 - Remove
  • Handling a 'Wrong Information' Form From the IRS

    Have you ever received a CP2000 notice? It's an alert from the IRS that data received from banks, employers or other third parties doesn't match your tax return. Click through to find out how to handle this notice.

    Saved on 02-16-2021 - Remove
  • When Employees Cross State Lines

    Even small companies can find themselves with employees who have to commute across state borders to work. This can make payroll difficult. Click through for an introduction to the complex tax rules.

    Saved on 03-20-2020 - Remove
  • Can You Still Deduct Meal Expenses?

    Tax reform passed at the end of 2017 made some important changes regarding the deductibility of meals. Some time-honored deductions are gone. Click through to see what's changed and what hasn't.

    Saved on 10-31-2020 - Remove
  • Demystifying On-Call Pay

    The conditions surrounding on-call pay can be confusing, and employers often misunderstand them. It comes down to whether employees should be paid if they're required to be available while not working. Click through for an intro to the complex rules.

    Saved on 01-14-2021 - Remove
  • Identity Theft: Stay Safe With Your Taxes

    Imagine being the victim of a tax-related identity theft, and then you find out that the perpetrator claims a fraudulent refund. Click through to learn how the IRS is battling this problem to keep you safe.

    Saved on 07-20-2020 - Remove
  • Just What Is Blockchain?

    It's the latest buzzword—everyone is getting into "blockchain." But what is it, really? In brief, it's a cunning system that allows the creation of digital ledgers in a secure and yet decentralized financial system. Click through for a peek at the magic.

    Saved on 07-20-2020 - Remove
  • Artificial Intelligence: Has It Come to Accounting?

    Artificial intelligence has been much in the headlines recently, often in the context of self-driving cars or robots. But will it change accounting and finance? Click through to see how AI is already affecting your life and business.

    Saved on 07-20-2020 - Remove
  • Padding Your Tax Deductions? The Consequences Are Serious

    It can be a seductive trap: adding an item here or there to reduce your taxes. But even aside from the morality, it's illegal, and the penalties are steep. Click through to learn about the consequences of lying on your return.

    Saved on 07-20-2020 - Remove
  • What to Know About Pensions and Taxes

    When you start a pension, you can choose to have federal and state taxes withheld from your monthly checks. Click through to see that if you withhold enough taxes, you won't owe money when you file your tax return.

    Saved on 07-20-2020 - Remove
  • What to Know About the SEP-IRA

    Small businesses and self-employed workers can use SEP-IRAs to help save for retirement. They're powerful and flexible plans that many don't even know about. Click through to find out how one might work for you.

    Saved on 07-20-2020 - Remove
  • Trusts: What You Need to Know

    A trust lets you distribute your assets to others, while minimizing estate, income and gift taxes. Trusts have scores of uses for a variety of families. Click through for a basic primer on this essential component of estate planning.

    Saved on 07-20-2020 - Remove
  • How to Improve Your Credit Score

    Everyone talks about credit scores, and how they can make a huge difference in your life -- with home purchases, for example. But what really affects the numbers? Click through for some steps to take now to get on the path to a better score.

    Saved on 07-20-2020 - Remove
  • The Top Financial Planning Mistakes

    Stay clear of economic difficulties by avoiding the most common financial mistakes individuals and families tend to make. Click through for an introduction to starting on the right financial path and staying there.

    Saved on 07-20-2020 - Remove
  • Proper Reporting for QSEHRA Benefits

    If you offer a Qualified Small Employer Health Reimbursement Arrangement (QSEHRA), you must adhere to special reporting rules under IRS guidelines. Click through to see how this benefit should be handled for your employees.

    Saved on 07-20-2020 - Remove
  • All About Key Performance Indicators

    A key performance indicator, or KPI, is a measure of your performance against key business objectives. Used correctly, KPIs can help you manage your business. Click through to learn about the various levels of KPIs.

    Saved on 07-20-2020 - Remove
  • Do You Need a Spendthrift Trust?

    Experts can help you keep your money safe from creditors, but what about keeping it safe from the heirs themselves? Click through for an introduction to spendthrift trusts, a special estate planning tool for special situations.

    Saved on 08-22-2020 - Remove
  • Business Valuations: The IRS Angle

    Valuations can be essential to any business owner, but you have to take into account the government's interest in your company. Click through for some insights into how the IRS determines the value of your business.

    Saved on 08-22-2020 - Remove
  • IRS Issues Draft of New Form W-4

    The new Form W-4 is very different from the current one, but it isn't final yet. More changes may come before the final version is rolled out later this year. Click through for an overview of what employers and employees will likely face in the future.

    Saved on 08-22-2020 - Remove
  • SBA Paycheck Protection Program Info Now Available

    The Paycheck Protection Program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities. Funds are limited, so applicants need to act NOW. Here's more.

    Saved on 10-08-2020 - Remove
  • Do You Know Your Lookback Period for Payroll Taxes?

    Your lookback period dictates your federal payroll tax deposit schedule, so "lookback period" is terminology that you should know. Click through to learn more about how lookback periods work, and how they affect payroll tax deposits.

    Saved on 03-21-2020 - Remove
  • Payroll Cards: Know the Full Story

    Despite being a viable option for unbanked employees, payroll cards have garnered a controversial reputation, largely due to concerns over fees and compliance. Click through for answers to frequently asked questions about payroll cards.

    Saved on 03-19-2020 - Remove
  • How to Handle Supplemental Wages

    Supplemental wages do not qualify as regular income and are subject to special withholding rules. Click through for an introduction to what items fit into this group, and how they should be taxed.

    Saved on 03-26-2020 - Remove
  • Smart Practices to Ferret Out Fraud

    When you think about fighting fraud, you may consider hiring financial experts to help -- that's great, but it's not all! Click through to see why your first step should include everyday practices to discover whether your firm is experiencing fraud.

    Saved on 03-24-2020 - Remove
  • Opportunity Zones: Doing Well By Doing Good

    An opportunity zone, located in an economically distressed community, spurs investments via preferred tax treatment. Click through for an introduction to the specific conditions for this useful but complicated provision.

    Saved on 10-31-2020 - Remove
  • Small Businesses: Remain Tax-Aware During Pandemic

    It's been a tough year so far for small businesses, and the tax situation is even more complicated than usual. There's a lot to think about as you prepare your tax documents. Click through for a quick rundown of the key issues.

    Saved on 11-01-2020 - Remove
  • Employee Overpayment Can Lead to Problems

    You've overpaid an employee, causing the company a financial loss. Now you need to recoup the money. But there are important tax implications and some rules you have to follow. Click through to make sure you do it right.

    Saved on 03-25-2020 - Remove
  • How to Launch a Business

    Are you planning to start your own business? You probably have a limited budget and need to watch every dime until you start turning a profit. Click through for some tips that can help you reach your goal.

    Saved on 03-27-2020 - Remove
  • The IRS and Private Tax Debt Collection

    As we head into tax season, taxpayers should know that the IRS continues to use several private collection agencies. How may this affect you? Click through for the details on how the program works and what your rights are.

    Saved on 11-02-2020 - Remove
  • ACA Affordability Threshold to Rise in 2019

    One of the main requirements of the Affordable Care Act's employer mandate is that health coverage must be affordable, based on annual standards set by the IRS. Click through for the details on the 2019 increase for one of those standards.

    Saved on 03-26-2020 - Remove
  • Reconstructing Records After a Disaster

    Often, the government grants special tax breaks after a disaster. But how can you prove you were affected? Click through for tips on reconstructing records and proving your eligibility, so you can get the relief you're entitled to.

    Saved on 02-17-2021 - Remove
  • The Ins and Outs of Form 1099

    A 1099 tax form is a record that someone was paid non-salary income. It comes in multiple versions, and there's a good chance you'll be dealing with one or more of them each tax season. Click through for a rundown of how they work.

    Saved on 03-23-2020 - Remove
  • Colorado Stay at Home Order – DWC Business Continuity

    With Colorado Governor Polis issuing a Stay at Home Order for “non-essential” businesses, we wanted to let you know that all of our offices are honoring the Order.  Even though our industry does not fall into the “non-essential” category, the health and safety of our staff, families, clients, and community is still our priority. All of our teams are working remotely from home  - we are still available to serve you and answer any questions you may have. Here's more.

    Saved on 11-01-2020 - Remove
  • Child and Dependent Care Credit

    You may be able to claim child and dependent care credit, which can put a lot of extra money into your pocket. But the rules can be complicated. Click through to help determine whether you might be eligible.

    Saved on 03-26-2020 - Remove
  • Tax Reform - What to Expect this Year

    We are now half way through 2018 - as such, this is a good time to readdress the changes under the new Tax Cuts and Jobs Act (TCJA), which became law in December 2017. Let’s review some highlights of changes you can expect when you prepare your tax return this year.

    Saved on 07-20-2020 - Remove
  • Effects of Reciprocal Agreements on Your Business

    Do you have employees who live in one state but work in another? If so, they probably are covered by a state reciprocal agreement, which eliminates dual taxation. Click through to learn more about tax reciprocal agreements.

    Saved on 07-20-2020 - Remove
  • Bitcoin: What's Happening?

    Bitcoin, the digital currency, has been in the news a lot recently. What's it all about and how does it work? Is it something you should invest in? Click through for a quick review about this controversial financial product.

    Saved on 07-20-2020 - Remove
  • Moving and Mileage: Roundup of TCJA Changes

    The new year brings a suspension of moving expenses, but higher depreciation limits for cars, trucks and vans. Click through for IRS information on tax reform changes to expenses for moving, mileage and travel.

    Saved on 07-20-2020 - Remove
  • DWC's Montrose Office Relocates to New Building

    Dalby, Wendland & Co., P.C., in Montrose is relocating to new offices at the Tower Building in south Montrose the week of July 30th. The office will be closed Thursday, July 26th through Tuesday, July 31st and will reopen for regular business on Wednesday, August 1st.

     

    Saved on 07-20-2020 - Remove
  • PPP: IRS and SBA Issue New Guidance

    The IRS and SBA continue to release additional guidance on the PPP that is applicable to those applying for loans and those who already have them. Click through for key clarifications in this important but complicated program.

    Saved on 11-02-2020 - Remove
  • Shift Differentials: How the Numbers Add Up

    Paying workers is about more than regular pay vs. overtime. Many companies offer different rates for working outside normal business hours. Click through to learn where this is likely to happen, and how to calculate pay.

    Saved on 09-01-2020 - Remove
  • Your Guide to Local Income Taxes

    With more and more U.S. localities charging income taxes, it's in every employer's best interest to understand how these taxes work. It's more complicated than you may think. Click through for an intro to local income taxes.

    Saved on 09-01-2020 - Remove
  • Executing on Strategy

    At the dawn of a new year, it is essential for all business owners to step back, breath and contemplate the future of their business and the wildly important goals they hope to achieve in the coming year.  Here are some thoughts to help set you up for success and accomplish your strategic goals.

    Saved on 09-01-2020 - Remove
  • How the Net Investment Tax Works

    The net investment tax hits high earners with significant investment income. Calculating it can be complex, and the rules are subtle. Click through to see how it works and whether it will take a bite out of your finances.

    Saved on 09-01-2020 - Remove
  • Noncompete Agreements: What's the Deal?

    Noncompete agreements are designed to keep confidential business information safe, and in this infotech world, that's essential. Click through to find out exactly what these entail and what they mean for someone's future employment prospects.

    Saved on 09-01-2020 - Remove
  • Home Office Deductions: A Refresher on the Rules

    Many people think they can take a home office deduction, but that isn't always the case. At-home workers need to pay particular attention to the complex rules. Click through to see who can take this deduction and under what circumstances.

    Saved on 09-01-2020 - Remove
  • A Sales-Tax Primer for Pandemic-Affected Businesses

    Many businesses have enhanced their online presence as a result of the COVID-19 pandemic. These businesses need to be aware of the many challenges associated with collecting sales tax on internet sales. Click through to learn how to transition smoothly to online sales.

    Saved on 09-01-2020 - Remove
  • IRAs: Know the Basics

    Individual retirement accounts are among the most popular retirement savings vehicles, but many people don't know much about them. Click through for insights into the different kinds of IRAs and how they work.

    Saved on 09-02-2020 - Remove
  • Dalby Wendland Names Chris West as CEO

    We are pleased to announce the election of Christopher L. West, CPA, as Dalby Wendland's Chief Executive Officer (CEO), effective July 1, 2019.

    Saved on 09-02-2020 - Remove
  • Learn the Ins and Outs of Payroll Deductions

    With a mix of state and federal rules, figuring out what to deduct from your employees' wages can get complicated. Click through for an overview of the taxes you have to deduct, and other paycheck issues.

    Saved on 01-15-2021 - Remove
  • Qualified Retirement Plans: Know the Rules

    Periodically, the Internal Revenue Service issues a notice describing changes in its qualification requirements for retirement plans, including deadlines. Are you up to date? Click through to see the list of required amendments.

    Saved on 04-01-2020 - Remove
  • Fixed-Rate Versus Adjustable-Rate Mortgages: Pros and Cons

    Home mortgage loans come in two flavors: fixed rate and adjustable rate. Which is right for you? It's not always an easy answer. Click through to see the pros and cons, which are based on costs and your long-term plans.

    Saved on 10-09-2020 - Remove
  • DWC's Seth Knighton Receives Promotion

    Dalby, Wendland & Co. would like to congratulate Seth Knighton on his promotion to Senior Tax Accountant.

    Saved on 11-02-2020 - Remove
  • DWC Welcomes Matt Leach as New Firm Administrator

    We are pleased to announce Matt Leach as our new Firm Administrator. Read on to meet the newest member of our operations team.

    Saved on 10-09-2020 - Remove
  • What Is Tax-Loss Harvesting?

    Tax-loss harvesting is about minimizing capital gains taxes on your investment portfolio. With care, you can keep more money in your account rather than giving it to the IRS. Click through to see how several strategies work.

    Saved on 11-03-2020 - Remove
  • The ADA: How Does It Affect Your Business?

    The Americans with Disabilities Act is widely discussed and cited, but many employers don't know exactly what their responsibilities are. Click through for an introduction to this important and far-reaching legislation.

    Saved on 07-23-2020 - Remove
  • How to Handle Disagreements with the IRS

    Even if you're mired in the tax audit process, the IRS doesn't have all the power. You have options when faced with disagreements with your IRS examiner. Click through for a look into the process and your options.

    Saved on 04-04-2020 - Remove
  • Physician Practices and Their Tax Issues

    If you're a physician or run a physician's office, you need to know that sorting through all the tax issues can be a complex and time-consuming task. Click through for a quick overview so you can understand the basics.

    Saved on 10-09-2020 - Remove
  • 5 Mandatory Registrations for Employers

    To legally become an employer, you must register your business with the federal and state governments. Click through for five types of registrations employers need to perform and what you have to do to stay compliant.

    Saved on 11-02-2020 - Remove
  • Now Is the Time To Revisit Your Estate Plan

    The COVID-19 pandemic has caused many changes in our personal and business lives — and upended the economy. For some, this makes it a good time to review their estate plan. Click through for a list of estate planning tasks you may want to address.

    Saved on 10-10-2020 - Remove
  • When Identity Theft Hits Your Taxes

    Tax-related identity theft occurs when someone uses your stolen personal information to claim a fraudulent refund. It's an especially virulent kind of identity theft. Click through to understand how it happens and what you can do.

    Saved on 10-10-2020 - Remove
  • The Percentage-Withholding Method: How It Works

    The calculations surrounding withholding can get very complicated, and the redesigned Form W-4 added additional wrinkles. Click through for a look at the bracket vs. percentage methods, and how the math plays out.

    Saved on 10-10-2020 - Remove
  • Meal Expenses: What's the Story?

    There's a lot of confusion and misinformation surrounding business meals and how and when you can deduct them. Click through for a brief history of meal deductions, and an intro to the current situation.

    Saved on 10-10-2020 - Remove
  • When the IRS Wants to Audit Your Business

    Nothing can frighten a business owner like an audit notification. Is it the first step toward arrest and trial? No need to panic. Click through to find out what a tax audit actually is, and how to get through it with minimal fuss.

    Saved on 11-03-2020 - Remove
  • Abusive Tax Shelters: Know the Score

    No one likes paying taxes, and we look for ways to minimize our tax bills. But if you're too aggressive, you can step over the line from tax avoidance to tax evasion. Click through to learn the difference.

    Saved on 04-05-2020 - Remove
  • 6 Key Facts About Excise Taxes

    Everyone knows about income taxes and sales taxes, but we tend to forget about excise taxes, because they're not obvious. Click through for an introduction to this important class of taxes, and see what's changed.

    Saved on 04-05-2020 - Remove
  • Reporting Requirements for Health Care Providers Under CARES

    A new Department of Health and Human Services ruling forces some health care providers that received more than $750,000 in CARES Act funding to undergo either a financial audit or a "single audit." Click here to see how you may be affected.

    Saved on 10-10-2020 - Remove
  • Payroll Tax Holiday and Unemployment Boost Are in Flux

    There's a lot of information flying around about where we are with additional pandemic relief, but only minimal official guidance. Click through for a summary of where we are and what may happen in the future.

    Saved on 10-10-2020 - Remove
  • Capital Gains, Losses and Sale of Home

    The IRS has issued some important new guidance on capital gains and property basis, especially as the rules apply to homes. There's a chance here to save on taxes. Click through for an intro to this key guidance.

    Saved on 07-30-2020 - Remove
  • Striving for Organizational Health

    The single greatest advantage any company can achieve is organizational health.  Chris West, CPA and CEO of Dalby, Wendland & Co. talks about what organizational health is.

    Saved on 11-03-2020 - Remove
  • Know the FMLA Notice Requirements

    To receive FMLA-protected leave, eligible employees must provide adequate notice to their employers. If they don't, the leave could be delayed or denied. Click through for details on FMLA notice requirements.

    Saved on 04-09-2020 - Remove
  • Tax Credits on Their Way Out

    A number of tax credits and incentives are set to expire at the end of 2020 — although it is possible some may be extended. Click through for a list of those that, at least for now, are set to expire in the near future.

    Saved on 02-18-2021 - Remove
  • How You Can Keep Your Finances in Order Year-Round

    Most of us don't get our finances in order until a life event is imminent — an upcoming wedding, the birth of a baby, a divorce, a financial audit or a natural disaster. Click through to get organized with a 10-step plan.

    Saved on 01-16-2021 - Remove
  • Tax Cuts & Jobs Act (TCJA) Webinar for Businesses

    Most provisions of the extensive TCJA go into effect this year. Join DWC professionals Chris West and Sarah Fischer on October 4th, for an informative webinar as they provide updates and highlights of these massive tax law changes.

    Saved on 01-16-2021 - Remove
  • Is a 1031 Exchange Right for You?

    A properly structured Section 1031 exchange allows an investor to sell a property, reinvest the proceeds in a new property and defer the tax on the potential gain from the sale. Click through to see the impact of tax reform on 1031 exchanges.

    Saved on 01-16-2021 - Remove
  • Beware the Taxes of Self-Employment

    You're self-employed if you're in business for yourself -- including a part-time business. That means you're also your own tax manager! Click through for a brief run-through of your tax obligations.

    Saved on 01-16-2021 - Remove
  • Tax Cuts & Jobs Act (TCJA) Section 199A Deduction Updates

    One of the most scrutinized and technically challenging elements of the new Tax Cuts and Jobs Act of 2017 (TCJA) is the Section 199A deduction, effective from January 1, 2018 through December 31, 2025. While there are questions as to the specific definition of multiple terms in the law, the IRS has clarified some of that confusion with proposed regulations issued August 8, 2018. Here’s an update on this critical benefit.

    Saved on 01-16-2021 - Remove
  • Gather All Your Papers for Taxes

    Don't find yourself frantically searching for information you need to file your tax return at the last minute. Click through to reduce filing difficulties and possibly your tax bill by knowing what documents to have at your fingertips.

    Saved on 01-16-2021 - Remove
  • What to Do with An Inherited Mortgage

    We may assume that when we inherit property, as from elderly parents, the mortgage is long paid off. But that's not always the case. Click through for advice on how to handle inherited property when it has a mortgage.

    Saved on 01-16-2021 - Remove
  • New Hire Reporting: Are You In Compliance?

    You've added a new member to the team or rehired an employee. You've done the onboarding and made sure the employee will receive all the necessary training. But have you performed new hire reporting? Click through for details on this essential step.

    Saved on 01-16-2021 - Remove
  • DWC Accountant Megan Loberg Attains CPA Designation

    Dalby, Wendland & Co., P.C., (DWC) is pleased to announce  Megan S. Loberg recently attained the Certified Public Accountant (CPA) designation. Read on for more about Megan.

    Saved on 10-11-2020 - Remove
  • The EITC: Helpful But Misunderstood

    The earned income tax credit gives an enormous helping hand to working families, but many wrongly assume it doesn't apply to them. Click through for insights into the powerful EITC to learn if you can take advantage of it.

    Saved on 10-11-2020 - Remove
  • COVID-19 Recorded Webinar Series

    Federal and state agencies are continually updating COVID-19 resources and directives for businesses and employers. Here are some recently recorded webinars presented by local professionals and experts from Dalby Wendland, Employment Law Attorney Michael Santo, and Timberline Bank.

    Saved on 11-03-2020 - Remove
  • Are You Ready To Retire Early?

    The economic havoc wreaked by the pandemic, including the shuttering of many businesses and the damage to many sectors, may have you wondering whether it's time to retire. Click through for a closer look at how to retire sooner rather than later.

    Saved on 10-11-2020 - Remove
  • Colo COMPS & Equal Pay Act Seminar

    DWC was pleased to co-host a client seminar with Autopaychecks on January 28th, regarding the new Colorado's wage-and-hour-laws. Here's more on this important topic and how to access the recorded webinar.

    Saved on 11-03-2020 - Remove
  • What to Know About Education Credits

    An education credit helps with the cost of higher education by reducing the amount of tax owed on your return. Click through to get details on the American Opportunity and Lifetime Learning credits.

    Saved on 11-03-2020 - Remove
  • Key Rules for Garnishing Lump-Sum Payments

    The DOL has clarified the types of lump-sum payments that are protected by federal garnishment laws versus those that are not. Click through for details to make sure you don't mishandle these for your employees.

    Saved on 01-18-2021 - Remove
  • Baby on the Way: Knowing All About Maternity and Paternity Leave

    There's a good chance you'll eventually have to deal with some kind of parental leave in your office, whether it involves an employee or employee spouse pregnancy, or an adoption. Click through for some insights in creating a policy.

    Saved on 09-28-2020 - Remove
  • How Long Since You've Reviewed Your Estate Plan?

    An estate plan is not a one-time event. It's a living series of documents you must continue to address throughout your life. Click through for some guidance on what events may trigger a need for a change.

    Saved on 09-28-2020 - Remove
  • DWC's Paige A. Curtiss Earns CPA Designation

    Dalby, Wendland & Co., P.C., is pleased to announce  Paige A. Curtiss recently attained the Certified Public Accountant (CPA) designation.

    Saved on 09-28-2020 - Remove
  • Social Security: Is It Time to Tap Into It?

    You can start taking Social Security payments as early as age 62, but you get a bigger monthly payout if you can wait. What's the optimal time? Click through to learn the basics of Social Security calculations.

    Saved on 09-28-2020 - Remove
  • Audit Professionals Earn Exclusive Credentials as Employee Benefit Plan Audit Experts

    We are pleased to announce Brian J. Hollingsworth, CPA, and Kelsa D. Tinsley, CPA, have attained certifications in Employee Benefit Plans Audit (EBP) from the Association of International Certified Professional Accountants.

    Saved on 09-28-2020 - Remove
  • IRS Clarifies Deductible Expenses

    The Internal Revenue Service has updated the rules to reflect changes resulting from the Tax Cuts and Jobs Act. Click through to zero in on changes involving deductible expenses, to make sure you're in compliance.

    Saved on 09-28-2020 - Remove
  • Protecting Our Clients' Information

    With the 2020 tax filing season approaching, identity thieves will be ramping up efforts to try to steal taxpayers' information. Dalby Wendland takes the protection of our clients' personal information serious. Here are some safeguards to remember.

    Saved on 09-28-2020 - Remove
  • The Myth of the 20% Down Payment

    Conventional wisdom holds that you should put down 20% to buy a house. But this is not always necessary, or even wise. Click through to learn there's a much bigger story -- and that you need to educate yourself before writing a check.

    Saved on 09-28-2020 - Remove
  • Just What Is an Information Return?

    Certain kinds of business payments trigger the need for what are called "information returns." Just what are they and what are your responsibilities? Click through for a list of the kinds of transactions you have to report.

    Saved on 09-28-2020 - Remove
  • Qualities That Make Good Leaders

    Leaders can make the difference between success and failure at a company. Have you shown leadership? Have you hired good leaders? Click through to understand how a strong vision can help you lead.

    Saved on 09-28-2020 - Remove
  • How to Calculate Employees' Net Pay

    Figuring employees' net pay may seem obvious, but it can be quite tricky, as there are various rules and regulations that need to be considered. Click through for a primer on calculating your employees' take-home pay.

    Saved on 09-28-2020 - Remove
  • What's the Story on Long-term Care Insurance?

    It's a complicated and controversial insurance product, and may not be for everyone. However, it's a good idea to see if long-term care insurance may be essential for you. Click through for the basics on long-term care coverage.

    Saved on 09-28-2020 - Remove
  • Freelancing? Know the Tax Rules

    Many people make their living in the gig economy, getting most or all of their income from freelance assignments. Click through for an introduction to the tax provisions that apply to these independent workers.

    Saved on 09-28-2020 - Remove
  • Can I Modify an Employee's Time Sheet?

    It's common practice for managers and supervisors to adjust employees' time sheets to address incorrect or missing information — but is this legal? Click through to find out what the law says about you making this change.

    Saved on 09-28-2020 - Remove
  • Do a Paycheck Checkup

    Especially in the wake of tax reform, some taxpayers could find themselves owing the IRS if they don't adjust their tax withholding. Click through so you won't have sticker shock when you file your return.

    Saved on 09-28-2020 - Remove
  • DWC Readiness to COVID-19

    Our number one priority is the safety of our staff, families, clients, and community. Here is what DWC is doing to support our staff and continue our professional focus on providing you quality and timely service.

    Saved on 09-28-2020 - Remove
  • How Elder Mediation Can Save Families

    Tempers can rise and old grievances resurface as adult siblings face their elderly parents' caregiving needs and the many problems that come with it. Click through to see how mediation can help you avoid long-lasting feuds.

    Saved on 09-28-2020 - Remove
  • OSHA Inspections and Penalties: What You Need to Know

    The OSH Act of 1970 gives the Occupational Safety and Health Administration the authority to conduct workplace inspections. Click through for insight into OSHA inspections, and how they might apply to you.

    Saved on 09-28-2020 - Remove
  • What To Know About Getting a Tax Refund

    Tax season is upon us, and all taxpayers are no doubt hoping for a refund. Unfortunately, there are a lot of myths about when and how you'll get your refund. Click through for the "straight dope" from the IRS.

    Saved on 09-28-2020 - Remove
  • What Is a Home Warranty?

    You can think of a home warranty as a home protection plan, and it is especially useful for a first-time homebuyer with no experience maintaining a home. Click through to see how it works and who will pay for it.

    Saved on 09-28-2020 - Remove
  • Group Health Plans: 3 Ways to Lower the Risk of a DOL Audit

    As the DOL continues to vigorously audit group health plans, it's critical that you avoid getting caught in the crosshairs. Click through for three ways to protect yourself and minimize the risk of a DOL audit.

    Saved on 09-28-2020 - Remove
  • How To Be a Part-time Landlord

    Think of it as a hands-on investment; real estate has long been an important investment sector. What if you added a twist: You're managing it yourself. Click through for an introduction to becoming a part-time landlord.

    Saved on 09-28-2020 - Remove
  • 5 Ways to Lower Your SUTA Tax Rate

    An employer’s SUTA tax rate is susceptible to fluctuation. If yours is escalating, contrary to popular belief, you actually might be able to reduce it! Click through for five strategies to curb your SUTA tax rate.

    Saved on 09-28-2020 - Remove
  • Are Chatbots the Next Big Thing?

    Ten years ago, every company needed a website, and five years ago each one needed an app. What's the next big thing? Click through for details to help you decide whether to embrace messaging with artificial intelligence and chatbots.

    Saved on 09-28-2020 - Remove
  • Jeff M. Wilson, CPA, Earns Certified Construction Industry Financial Professional (CCIFP)Designation

    Dalby, Wendland & Co., P.C., is pleased to announce CPA Jeff M. Wilson, CPA, has earned the Certified Construction Industry Financial Professional (CCIFP®) designation by the Institute of Certified Construction Industry Financial Professionals (ICCIFP).

    Saved on 09-28-2020 - Remove
  • Family Member Care and the IRS

    Do you have a private nurse taking care of a parent in your home? You don't only have a health issue, you also have a tax issue. Click through to be on top of the additional tax responsibilities that come with home help.

    Saved on 09-28-2020 - Remove
  • Know the Student Loan Basics

    Understanding how student loans work and how to use them will help you borrow wisely and pay them off efficiently. Click through to learn about your options and how to minimize the student loan debt burden.

    Saved on 09-28-2020 - Remove
  • Steps for Reconciling IRS Form 941 to Payroll

    Form 941 is a crucial tool for ensuring your payroll data is accurately reported to the government and for balancing payroll in general. Click through for insight into reconciling Form 941 with your payroll on a quarterly and a year-end basis.

    Saved on 09-28-2020 - Remove
  • DWC Resources Web Page

    DWC has created a COVID-19 resources web page for businesses and employers. We are updating it frequently as new federal, state, and local provisions are announced, including the recent CARES Act and SBA lending programs. Here's more.

    Saved on 09-28-2020 - Remove
  • SCAM Alert Related to the CARES Act Stimulus Payments

    Scammers are already using fraudulent methods to attain your personal information with the CARES relief payment issuance to individuals. Read on for more of these attempts.

    Saved on 09-28-2020 - Remove
  • Learn About an IRS Payment Plan

    Not everyone gets a refund. Sometimes you owe money to the IRS — and it could be a lot. Fortunately, the IRS offers options. Click through to learn about the IRS payment plans for individuals.

    Saved on 09-28-2020 - Remove
  • CARES Act Grants Breaks on Some Student Loans

    The CARES Act contains an important but little-known provision that grants a six-month relief period for most student borrowers. Click through to see how this program works and which students are eligible to take advantage of it.

    Saved on 09-28-2020 - Remove
  • Tips for a Quicker End to Your Mortgage

    All homeowners look forward to the day when their mortgages end. With a little planning, you can make that day come sooner. Click through for some advice on how to pay off your mortgage sooner than you expected.

    Saved on 09-28-2020 - Remove
  • SBA Gives Guidance and Form for PPP Loan Forgiveness

    One of the key features of the SBA's popular Paycheck Protection Program is a forgiveness provision for companies that maintain their workforce levels. Click through for information on the forgiveness application.

    Saved on 09-28-2020 - Remove
  • CARES Act Adds Flexibility to Net Operating Losses

    The Internal Revenue Service has issued guidance providing tax relief under the CARES Act for taxpayers with net operating losses. Click through to take advantage of a six-month extension to file on carrybacks.

    Saved on 09-28-2020 - Remove
  • The New Form W-4: What You Need To Know

    The new year has brought with it a long-promised — and heavily revised — Form W-4. It's very different from previous versions. Click through for a review of the changes and how they affect both businesses and employees. 

    Saved on 09-28-2020 - Remove
  • Colorado Safer at Home and DWC Business Continuity

    Safety of our employees, families, clients, and community is still our first priority. While our physical offices will remain closed to the public through May 15th, we are still available to provide advisory support to our clients and businesses to help recover as quickly as possible.

    Saved on 09-28-2020 - Remove
  • Know Your IRS Rights

    Anyone who has received a tax audit knows the terror of imagining a meeting with the IRS. But it's not a one-sided fight! Click through, take a deep breath and read about your protections in the Taxpayer Bill of Rights.

    Saved on 09-28-2020 - Remove
  • EEOC Releases Extensive COVID-19 Guidance

    The pandemic seems to have affected every government agency, and the EEOC is no exception. Click through for some recent guidance on how the ADA, the Rehabilitation Act, and Other EEO Laws are addressing COVID-19.

    Saved on 09-28-2020 - Remove
  • Know the Tax Rules for Employee Loans

    Companies may allow workers to take a draw against commissions or give them some other form of salary advance. It's perfectly legal, but employers need to know the rules. Click through for the tax implications of employee loans.

    Saved on 09-28-2020 - Remove
  • COVID-19 and Workers' Compensation

    It seems that the current pandemic is affecting every aspect of business and finance — and the workers' comp system is no exception. Click through for a brief review of the complex interplay between workers' comp and new regulations.

    Saved on 09-28-2020 - Remove
  • New Safe Harbor Guidance for PPP Loan Necessity

    The SBA recently published FAQ #46 noting Safe Harbor guidance for loan “necessity” for those with PPP loans of less than $2 million. Here's more.

    Saved on 09-28-2020 - Remove
  • What Is OCBOA — and Can It Work for Your Business?

    U.S. Generally Accepted Accounting Principles — GAAP — is not the only game in town. Other Comprehensive Basis of Accounting might be a better choice for your business. Click through for the details so you can make the right choice.

    Saved on 09-28-2020 - Remove
  • Pandemic Leads to State Border Tax Complications

    Thanks to the pandemic, many employees are now working from home. But this may mean state tax confusion, if the residence and company are in different states. Click through for an introduction to the complexities.

    Saved on 09-28-2020 - Remove
  • DWC Offices Update & Serving You

    DWC leadership continues to assess state and local directives regarding COVID-19. Here is an update on our offices and serving you.

    Saved on 09-28-2020 - Remove
  • How to Leave Your Worldly Goods

    Where will you leave your assets when you're gone? Sometimes it seems obvious, but you still have a lot of choices. Click through for some thoughts on who your beneficiaries should be and why you need to consider your choices carefully.

    Saved on 09-28-2020 - Remove
  • Paycheck Protection Program Flexibility Act of 2020 (PPPFA) Summary

    The recently enacted Paycheck Protection Program Flexibility Act of 2020 (PPPFA) provides further clarification to the SBA PPP loan program and CARES Act provisions. Here is a summary of the bill.

    Saved on 09-28-2020 - Remove
  • IRS Announces Inflation-Adjusted HSA Numbers for 2021

    The IRS is making modest inflation-adjusted changes to Health Savings Accounts for calendar year 2021. Click through for the full details on the changes, and a brief review of HSA provisions.

    Saved on 09-28-2020 - Remove
  • Gig Economy and Taxes

    The so-called gig economy may be the wave of the future for a substantial number of workers. There are lots of implications—especially regarding taxes. Click through for an introduction to how the IRS handles gig workers.

    Saved on 09-28-2020 - Remove
  • What Small Businesses Need To Know About Tax

    Many common tax problems vexing small-business owners involve underpayment of taxes and poor record-keeping. Click through for an introduction to some basic rules, so you can make life easier for yourself.

    Saved on 09-28-2020 - Remove
  • DWC Announces Employee Promotions

    Congratulations to these employees for their recent promotion - we are proud of you!

    Saved on 09-28-2020 - Remove
  • DOL Releases New Guidance on Employee Leaves

    The pandemic has changed the way we work, and multiple laws are coming into play as everyone adjusts. Click through for a summary of the latest Department of Labor guidance regarding interpreting these laws.

    Saved on 09-28-2020 - Remove
  • New OSHA Guidance on Tracking COVID-19 at Work

    Did your employees who have COVID-19 contract it at work? The question is not academic — it has serious legal implications. Click through to check OSHA's new guidance for uncovering the infection sources.

    Saved on 09-28-2020 - Remove
  • Budgeting Tips for Managers

    It may not be the most entertaining part of your job, but it's often one of the most essential: budgeting. Is there a way to make it less painful? Click through for some tips on managing your department's budgeting responsibly.

    Saved on 09-28-2020 - Remove
  • A Business Bankruptcy: Helpful but Complex

    Starting and running a business is hard, and there's no guarantee of long-term success. Sometimes, a bankruptcy is the only exit plan. Click through for an introduction to the key rules of business bankruptcy.

    Saved on 09-28-2020 - Remove
  • Working at Home — the New Reality

    Both businesses and workers have been ambivalent about telecommuting, but the pandemic may have forced everyone's hands. Click through for some insights into why, for many businesses, working from home may be the new normal.

    Saved on 09-28-2020 - Remove
  • Paycheck Protection Program Gets One-Month Reprieve

    The Paycheck Protection Program was slated to end on June 30, but a last-minute bill in Congress extended it until Aug. 8. Click through to find out what this means, and if any other changes are on the horizon.

    Saved on 09-28-2020 - Remove
  • Dollar-Cost Averaging: Great for Crisis Investing

    Even with a plunging market, there is a silver lining for any investor who has some money to put away in a retirement account like a 401(k). Click through to learn about the power of dollar-cost averaging and how it can work for you.

    Saved on 09-28-2020 - Remove
  • Telecommuting as a Reasonable Accommodation

    COVID-19 has brought both telecommuting and reasonable accommodation to the fore, raising issues that likely will continue long after the pandemic has passed. Click through for insight into policy and regulation.

    Saved on 09-28-2020 - Remove
  • 5 Flexible Work Arrangements That May Remain

    "Flexibility" has been the word of the season, as companies and employees invent new ways of working. Click through for an introduction to a range of flexible work arrangements — which may continue even after the pandemic is over.

    Saved on 09-28-2020 - Remove
  • The State Unemployment Tax: Know the Story

    The State Unemployment Tax Act is an important and complicated law that affects virtually every employer, and there are variations from state to state. Click through for an introduction to key SUTA provisions.

    Saved on 09-28-2020 - Remove
  • Payroll Tax Liabilities: Know the Details

    A paycheck can be more complicated than it seems at first. And whether you have one employee or 1,000, you need to know how payroll taxes work. Click through for a brief review, so you can grasp the basics.

    Saved on 09-28-2020 - Remove
  • Personal Bankruptcy: Making Hard Decisions

    At a certain point, someone's financial situation may become so dire that bankruptcy is the only option. But although the implications are serious and long lasting, it doesn't have to be the end of the world. Click through to learn how bankruptcy can lead to a fresh start.

    Saved on 09-28-2020 - Remove
  • Inheriting an IRA: How to Handle It

    IRAs are great tools for retirement planning, but are not necessarily well-suited for leaving money to heirs. Click through for an introduction to the complex rules and strategies surrounding an inherited IRA.

    Saved on 09-28-2020 - Remove
  • How Workers Can Return

    Some jobs cannot be done from home on a long-term basis, so businesses may gradually bring employees back to offices. Click through for tips on how best to do this to protect everyone's well-being as the pandemic subsides.

    Saved on 09-28-2020 - Remove
  • Planning Considerations as we Continue to Navigate COVID-19

    The pandemic has created some additional tax planning opportunities for individuals and businesses. DWC's Paige Curtiss, CPA, provides ways to benefit from the economic environment and recent tax legislation that has resulted from COVID‐19.

    Saved on 09-28-2020 - Remove
  • Common Employer Q&A’s During COVID

    Employment laws and compliance have become more confusing and difficult during the pandemic, leaving some with more questions. Here are some common Q&A’s.

    Saved on 09-28-2020 - Remove
  • Home Equity Loans Are Deductible -- Sometimes

    The ability to deduct interest on home equity loans has always been one of their great advantages. That provision is still in force, but there are severe limitations. Click through to see if your plans align with the rules.

    Saved on 09-28-2020 - Remove
  • Touchless Payments: A Result of the COVID-19 Pandemic

    Touchless payments have been around for a while, but the pandemic may give them a boost, as businesses and consumers both want to avoid physical contact. Click through to learn about how they work, and their advantages.

    Saved on 09-28-2020 - Remove
  • Hobby or Business: The IRS Takes a Stand

    With normal work situations upended by the pandemic, many people are turning what had been side gigs into full-time occupations. Click through to learn the tax implications, because the IRS draws a hard line between a hobby and a business.

    Saved on 09-28-2020 - Remove
  • Tax Scams: The Pandemic Edition

    With all the things that are changing in 2020, there is one constant you can count on: Tax scams are still with us. Click through to learn what to watch out for as scammers find ways to incorporate the pandemic into their schemes.

    Saved on 01-18-2021 - Remove
  • Employee Benefits and Furloughs

    Unfortunately, furloughing or laying off employees as a result of the pandemic has become a reality for many businesses. This task is not always as simple as it may sound. Click through for the full story on the rules regarding certain employee benefits.

    Saved on 01-18-2021 - Remove
  • Does Workers' Comp Cover COVID-19?

    The applicability of workers' comp programs to COVID-19 is one of the great legal and financial issues surrounding the pandemic — and there are no firm answers yet. Click through for insights into the current situation.

    Saved on 01-18-2021 - Remove
  • The Pomodoro Technique: Rethinking Time Management

    With so many people working at home instead of in a 9-5 office setting, we're seeing a new focus on time management. Click through to learn about the Pomodoro Technique, which makes it easier to accomplish more while working less.

    Saved on 01-18-2021 - Remove
  • IRS Updates Form 941 To Reflect COVID-19 Tax Credits

    Are you required to offer paid leave for COVID-19 reasons? Were you forced to suspend your business operations, or did sales drop sharply? If so, you may claim tax credits on IRS Form 941. Click through to make sure you don't miss out.

    Saved on 01-18-2021 - Remove
  • DWC's Denise Distel Attains QuickBooks Online Advanced Certification

    Dalby Wendland & Co. is pleased to announce Denise Distel recently attained designation as a QuickBooks Online Advanced Certified ProAdvisor. Read on for more information.

    Saved on 01-18-2021 - Remove
  • DWC's Aaron J. May Attains CPA Designation

    Dalby, Wendland & Co., P.C., (DWC) is pleased to announce  Aaron J. May recently attained the Certified Public Accountant (CPA) designation. Read on for more information.

    Saved on 01-18-2021 - Remove
  • Know How To File Interest and Dividends

    Do you have interests and dividends? Then you'll need to learn about Schedule B, which helps compute the income tax due on these. Click through for an introduction to the types of interest subject to federal income tax.

    Saved on 01-18-2021 - Remove
  • Disaster Relief Payments: A Simple Way To Help Employees

    There's an underrated benefit flying under the radar as the COVID-19 pandemic rages on — and it comes in the form of tax-free disaster relief payments. Click through for insight into this simple, tax-advantaged program.

    Saved on 01-18-2021 - Remove
  • IRS Issues Final Regs on Meals and Entertainment

    The 2017 TCJA changed the rules for M&E deductions, but years later many subtleties have continued to cause confusion. Fortunately, recent IRS guidance may answer a lot of questions. Click through for an overview of the final regulations.

    Saved on 01-18-2021 - Remove
  • Pensions and Taxes: Know the Score

    The traditional defined-benefit pension plan may not be as common as it was, but some individuals still have one, and they need to know the tax situation. Click through for an introduction to the complex world of pensions and taxes.

    Saved on 01-18-2021 - Remove
  • A Quick Introduction to Trusts

    In these difficult times, families should think about how a trust could help them. They are more affordable than many realize, and they have scores of uses for a variety of situations. Click through for a basic primer on how trusts may be able to help you.

    Saved on 01-18-2021 - Remove
  • Filing Responsibilities With Income or Loss From Business

    In these uncertain times, many taxpayers who normally were on staff have turned part time or full time to the "gig economy." This means they have to file Schedule C as part of their tax return. Click through for an introduction to the tax requirements.

    Saved on 01-18-2021 - Remove
  • Finding Relief: Tax Strategies to Generate Cash Flow

    The tax function can be instrumental to identify and execute cash flow opportunities and to maintain the levels of liquidity needed to navigate the uncertainty that lies ahead. Sarah Fischer, CPA, provides some strategies to consider.

    Saved on 01-18-2021 - Remove
  • DOL Issues New Recommended FMLA Forms

    New guidelines streamline the forms and procedures for the Family and Medical Leave Act. The law hasn't changed, but new guidance modifies the application process. Click through for an introduction to the new FMLA process.

    Saved on 01-18-2021 - Remove
  • 5 Best Practices for Online Video Meetings

    Although many employers used videoconferencing before the pandemic, in recent months, its use has soared. Still, many users are confused about how best to use it. Click through for tips on hosting successful video meetings.

    Saved on 01-18-2021 - Remove
  • What Is a Supplemental Unemployment Benefits Plan?

    The adverse economic impact of the coronavirus pandemic has bolstered employers' interest in supplemental unemployment benefits plans, which are designed for certain discharged workers. Click through for an intro to a little-known benefit.

    Saved on 01-18-2021 - Remove
  • Employees, Vaccines and Covid-19: What Are the Legal Issues?

    Covid-19 isn't the only pressing health issue: The flu is also forcing companies to deal with health-related issues. Click through for information about practical and legal ramifications as well as advice to keep your employees safe.

    Saved on 01-18-2021 - Remove
  • Out-of-State Workers and/or Sales May Trigger State Nexus Laws

    No matter how small or whatever your base of operations is, your company is liable for collecting and remitting tax on sales in a state if your company has "nexus" in that state. In addition, remote workers may trigger corporate income tax nexus.  It sounds complicated, and it can be. Here's more information to help better understand this requirement.

    Saved on 01-18-2021 - Remove
  • Managing Risk in Estate Planning

    "Risk" is both a mathematic and emotional concept, a gauge of the likelihood that your estate plan will achieve its goals. Click through for an introduction to this important but often misunderstood concept.

    Saved on 01-18-2021 - Remove
  • Reporting FFCRA-Qualified Leave on Form W-2

    Are you required by federal law to offer paid leave because of the coronavirus pandemic? If so, you must report the payments on the recipient's Form W-2 or in a separate statement. Click through for reporting details.

    Saved on 01-18-2021 - Remove
  • Changing Culture to Manage Future Disruptions

    Companies that are structured to be resilient and agile are more likely to succeed through disruptions such as the current pandemic — and any future disruptions. Click through to learn how to operate under an agile model.

    Saved on 01-18-2021 - Remove
  • By the Numbers: The Key Adjustments for 2021

    As the year winds down, the government changes a variety of numbers affecting tax and other financials. How do these changes affect you or the companies you manage? Click through for a review of the 2021 changes.

    Saved on 01-18-2021 - Remove
  • DWC Makes Top 200 Private Colorado Companies List

    Dalby, Wendland & Co., P.C. (DWC) was recently named a Top 200 Private Company in Colorado by ColoradoBiz.

    Saved on 01-18-2021 - Remove
  • Final Rule: Employers Can Truncate SSNs on Employees' Form W-2

    The federal government has taken many steps to combat identity theft. One of those measures is a recent final rule allowing employers to mask Social Security numbers on Form W-2. Click through to find out what this means.

    Saved on 01-18-2021 - Remove
  • Capital Gains and Schedule D

    When you sell a capital asset, the sale results in either a capital gain or capital loss. The government wants a full accounting, and the rules are complicated. Click through to learn what you have to report on Schedule D of Form 1040.

    Saved on 01-18-2021 - Remove
  • Major Changes Come to Kiddie Tax

    The SECURE Act repealed a Tax Cuts and Jobs Act change in the Kiddie Tax and is effective in 2020 and beyond. Click through for the complex details on the current and retroactive changes to this often-misunderstood tax.

    Saved on 01-18-2021 - Remove
  • The Ultimate Work-at-Home Guide

    There's no single formula to learn how to work at home, and the practical and cultural issues in each company will make a difference. However, there are some generalities. Click through to learn how to become an efficient and happy online employee.

    Saved on 01-18-2021 - Remove
  • It's Form W-2 Time: How to Handle Box 1

    It's been a complicated year, and you'll have to pay particular attention to Form W-2, especially Box 1--total annual taxable wages. Click through for a summary of what belongs in this box—and what does not.

    Saved on 01-18-2021 - Remove
  • PPP Loans of $2 Million or More Will be Audited

    Earlier in the year, the Small Business Administration (SBA) announced in an updated FAQ on the program that it will be auditing all Paycheck Protection Program (PPP) loans of $2 million or more. Here's what you need to know.

    Saved on 01-18-2021 - Remove
  • Know About the Unemployment Tax

    If you have employees, you must report and pay unemployment taxes to the IRS — and the devil is in the details. Click through for the rules of how to set aside amounts for the tax and report it on Form 940.

    Saved on 01-18-2021 - Remove
  • Helpful Tech Apps for Working at Home

    You can find scores of programs to aid in working at home. Below are a few that we thought are especially helpful and that might not be familiar. Click through to get a sense of all the help that may be available for you online.

    Saved on 01-18-2021 - Remove
  • IRS Introduces the New Form 1099-NEC

    Although the rules on paying freelancers haven't changed, the paperwork has. The IRS has rolled out Form 1099-NEC, which businesses must use for paying nonemployee compensation. Click through to learn how it works.

    Saved on 01-18-2021 - Remove
  • 2020 Year-End Reminders for Employers

    As 2020 draws to a close, employers should be reviewing whether they have properly included common fringe benefits in their employee’s and (if applicable) 2% S corporation shareholders’ taxable wages. Here's a list of reminders.

    Saved on 01-18-2021 - Remove
  • Greasing the Wheels

    Homeowner Associations face special problems. Click through for some help in making sure your HOA runs as smoothly as possible.

    Saved on 01-18-2021 - Remove
  • Which Employees Are Exempt From Tax Withholding?

    Most employees are subject to tax withholding. Those exempt from withholding are in the minority -- but you should still know who they are. Click through for a list of employees who are excluded from tax withholding -- and why.

    Saved on 11-04-2020 - Remove
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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
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